I think she still as good as ever, with beastly active skill that surpass any hit all gacha 5 star girls. (2x on 3 vs 1.7x on 3, activation rate is 34% vs 32% at lv.5) Good boost in raid boss battle and ability to counter. Although 2x def counter is not really high since her def is average at most. But with 4 equipments it is more than enough.
So Hyperloli can be treat as counter or damaging unit depends on equipments. Very versatile and exceptionally good for event girl.